LPEA Finance and Audit Committee Meeting
Date: Tuesday, September 17th, 2019
Time: 9 PM to 5 PM
Location: LPEA Headquarters, Multi-Purpose Boardroom, 45 Stewart Street (Bodo Industrial Park), Durango, CO 81302
*LPEA Board of Directors Committee of the Whole Meeting is open to all LPEA member-owners.
Board of Directors Meeting Calendar
Date: Wednesday, September 18th, 2019
Time: 9 AM to 5:30 pm
Location: Ross Aragon Center (Community Center of Pagosa Springs), 451 Hot Springs Blvd., Pagosa Springs, CO 81147
*The LPEA Board of Directors Meeting is open to the public.
Ross Aragon Community Center - Pagosa Springs
LPEA Board of Directors Documents 2019-2013
LPEA Board of Directors' Strategic Intent
As we look towards the future of the co-op, the Board commits to actively honoring our mission to provide safe, reliable, environmentally-responsible power while achieving the lowest reasonable cost to our members. In doing so, we will explore and carefully vet a holistic suite of options to increase LPEA’s value to the membership. We will pursue our mission with transparency, community engagement, acknowledgement of risk, trust of our members by performing our fiduciary responsibility.
Electric cooperatives, such as La Plata Electric Association, Inc. (LPEA), are private, independent electric utilities owned by and operated for the benefit of the members they serve. Everyone who pays their electric bill to LPEA is eligible to be a member of the cooperative, and as such has the right to both vote for the directors who represent them on the board, and run for a seat on that board.
The Board of Directors determines the policies and overall directives of the cooperative, plus provides the LPEA staff with goals and objectives for the business. LPEA is governed by a board of 12 directors, three of whom reside in District 1 - Archuleta County, three live in District 2 – South and West La Plata County, three reside in District 3 – City of Durango, and three live in District 4 – North and East La Plata County.
Four directors are elected each year at the LPEA Annual Meeting. Directors serve three-year terms and are welcome to run as incumbents once that term is up.